Pivot3, a US-based virtual desktop infrastructure technology producer backed by consumer electronics manufacturer Samsung, has raised $19m, Built in Austin reported last week, referring to a regulatory filing.
The round was backed by 13 investors, though their identity remains unisclosed.
Pivot3 has however revealed a partnership agreement with data centre operator T5 Data Centers that will initially give customers of T5’s Atlanta facility access to Pivot3’s technology. The partnership will eventually also include T5’s Los Angeles facility.
Founded in 2002, Pivot3 develops infrastructure IT technology aimed at the video surveillance, virtual desktop, disaster recovery and video-based security industries.
Pivot3 has now secured $174m in combined equity and debt financing, with Samsung having participated in a $23m series D round in 2012.
The company raised $45m in debt and series F capital in February 2015. The equity portion was supplied by Argonaut Private Equity, S3 Ventures, InterWest Partners, Mesirow Financial Private Equity and Wilson Sonsini Goodrich & Rosati, while the debt was provided by unnamed financial services firms.
Pivot3’s other shareholders include Silver Creek Ventures, Northleaf Capital Partners, Focus Ventures, InterWest Partners and Lightspeed Ventures Partners.